Michael Gerdin - Heartland Express Chairman and CEO

HTLD Stock  USD 10.16  0.18  1.74%   

Chairman

Mr. Michael J. Gerdin is Chairman of the Board, Chief Executive Officer, President and Director of Heartland Express Inc., since September 2, 2011. He has served as Chief Executive Officer and Chairman of the Board since September 2011. He was appointed President in 2006. Mr. Gerdin served as the Company Vice President of Regional Operations from 2001 until 2006. From 1998 to 2001, he was President of A M Express, Inc., a whollyowned subsidiary of the Company. From 1983 until 1998, Mr. Gerdin held a variety of positions within the Company, including positions in the operations, sales, safety, maintenance and driver recruiting departments. In addition, Mr. Gerdin also serves on the Board of Directors and the Executive Steering Committee of the Iowa Motor Truck Association, an educational and advocacy group for the trucking industry. Mr. Gerdin has served as a director of West Bancorporation and West Bank, a wholly owned subsidiary of West Bancorporation, Inc., since April 2013 since 2011.
Age 54
Tenure 13 years
Address 901 Heartland Way, North Liberty, IA, United States, 52317
Phone319 645 7060
Webhttps://www.heartlandexpress.com
Gerdin also serves on the Iowa State University College of Business Dean Advisory Council. The selection of Mr. Gerdin was based upon, among other things, his 33 years of industry experience and expertise, in addition to his exemplary leadership in all roles in which he has served as an employee and director of the Company.

Heartland Express Management Efficiency

The current year's Return On Capital Employed is expected to grow to 0.001, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Heartland Express' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 29.3 M, whereas Non Currrent Assets Other are forecasted to decline to about 1.8 M. Heartland Express' management efficiency ratios could be used to measure how well Heartland Express manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 317.44 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. Heartland Express has a current ratio of 2.29, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Heartland Express until it has trouble settling it off, either with new capital or with free cash flow. So, Heartland Express' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Heartland Express sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Heartland to invest in growth at high rates of return. When we think about Heartland Express' use of debt, we should always consider it together with cash and equity.

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Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. The company was founded in 1978 and is headquartered in North Liberty, Iowa. Heartland Express operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 3180 people. Heartland Express (HTLD) is traded on NASDAQ Exchange in USA. It is located in 901 Heartland Way, North Liberty, IA, United States, 52317 and employs 6,040 people. Heartland Express is listed under Ground Transportation category by Fama And French industry classification.

Management Performance

Heartland Express Leadership Team

Elected by the shareholders, the Heartland Express' board of directors comprises two types of representatives: Heartland Express inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Heartland. The board's role is to monitor Heartland Express' management team and ensure that shareholders' interests are well served. Heartland Express' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Heartland Express' outside directors are responsible for providing unbiased perspectives on the board's policies.
Eric Eickman, Vice President of Information Technology
Brenda Neville, Independent Director
Kent Rigdon, Vice President of Sales
Paul Rowland, VP Admin
Dennis Wilkinson, VP of Operations
Todd Trimble, Vice President - Operations
Christopher Strain, Vice President Controller, Secretary
Tahira Hira, Independent Director
John Cosaert, CFO, Principal Accounting Officer, Executive VP of Fin. and Treasurer
David Millis, Director Transfer
James Pratt, Independent Director
Steven Gordon, COO of Gordon Trucking, Inc
Brian Janssen, Vice Sales
Lawrence Crouse, Independent Director
Benjamin Allen, Independent Director
Joshua Helmich, Controller VP
Larry Gordon, Director
Scott Gordon, CIO of Gordon trucking Inc.
Michael Donovan, LLC Transport
Michael Gerdin, Chairman and CEO

Heartland Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Heartland Express a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Heartland Express in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Heartland Express' short interest history, or implied volatility extrapolated from Heartland Express options trading.

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When determining whether Heartland Express is a strong investment it is important to analyze Heartland Express' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heartland Express' future performance. For an informed investment choice regarding Heartland Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Express. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Heartland Stock analysis

When running Heartland Express' price analysis, check to measure Heartland Express' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heartland Express is operating at the current time. Most of Heartland Express' value examination focuses on studying past and present price action to predict the probability of Heartland Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartland Express' price. Additionally, you may evaluate how the addition of Heartland Express to your portfolios can decrease your overall portfolio volatility.
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Is Heartland Express' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heartland Express. If investors know Heartland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heartland Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Dividend Share
0.08
Earnings Share
0.19
Revenue Per Share
15.282
Quarterly Revenue Growth
(0.22)
The market value of Heartland Express is measured differently than its book value, which is the value of Heartland that is recorded on the company's balance sheet. Investors also form their own opinion of Heartland Express' value that differs from its market value or its book value, called intrinsic value, which is Heartland Express' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heartland Express' market value can be influenced by many factors that don't directly affect Heartland Express' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heartland Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartland Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartland Express' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.